Jefferies International today reaffirms its buy investment rating on Just Eat (LON:JE.) and cut its price target to 1100p (from 1150p).
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Broker Forecasts data provided by www.sharesmagazine.co.uk

UK stocks lost 2.3% at the close on Monday, their worst performance this year as concerns about rising trade tensions between the US and China continued to rock global markets.
At 1630, the benchmark FTSE 100 index was down 173 points at 7,234.
LARGE- &amp; MID-CAP MOVERS
HBSC fell 2.7% to 628p as it surprised the market by announcing that chief executive John Flint was leaving after just 18 months in the job.
The lender said a change at the top was needed to meet the challenges it faced....

Food Delivery company Just Eat and Takeaway.com agreed terms of an £8.3bn merger.
The companies backed the deal as outlined on July 29, with Just Eat shareholders receiving 0.09744 new Takeaway.com shares for each of their shares. The deal valued Just Eat at 731 pence per share.
Just Eat shareholders would own approximately 52.2% of the combined company’s share capital. The pair have also agreed a name – Just Eat Takeaway.com. The combined Group would be headquartered and domiciled in...

Just Eat reported a sharp decline in half-yearly profits amid higher costs as the food delivery company ramped up investments to improve its delivery service.
For the six months to 30 June 2019, Profit before tax down 98% to £0.8m, while revenue was up 30% to £464.5m driven by a 21% jump in orders to 123.8m from a year earlier.
The company ramp up its delivery rollout during the half, serving 5,200 UK and 5,700 Australian delivery restaurants - 50% of the addressable population in both...

The UK's benchmark FTSE 100 index rallied in early trade on Monday as investor excitement swirled around potential huge mergers involving the London Stock Exchange and food delivery business Just Eat.
At 9am the FTSE 100 was trading close on 50 points higher at 7,598.26, close to rough 12 month highs.
But the pound continued to flag as no-deal Brexit chatter pervades the political agenda, with Sterling losing between 0.3% and 0.35% against the euro, dollar and Japanese yen.
LARGE AND MID...

Just Eat and Takeaway.com said they had agreed in principle to merge in an £8.2vn all-share deal that would create one of the largest takeaway delivery companies in the world.
Under the terms of the deal, Just Eat shareholders would receive 0.09744 Takeaway.com shares for each share, implying a value of 731 pence per Just Eat share, a 15% premium to the closing price on Friday.
Just Eat shareholders would own about 52.2% of the combined group.
On completion of the possible combination,...

Despite a weak US open, with the S&amp;P 500 modestly lower in early trades, the FTSE 100 enjoyed decent gains on Monday.
The positive performance coming as sterling took a tumble amid continuing nervousness over Brexit. Retailers were in the doghouse off the back of weak industry figures and insurance stocks also took some heat as the market reacted to changes in the way compensation awards to accident victims are calculated. Direct Line shares fell 0.5%, paring heavier initial losses....

Amid continuing Brexit-inspired weakness in sterling, the FTSE 100 recovered some of its earlier losses to trade broadly flat by the end of trading on Friday.
US stocks recovered from a slow start with the S&amp;P 500 up 0.3% to 2,883.81 by around 4.30pm UK time.
Takeaways firm Just Eat slumped 7.9% as it emerged overnight that Amazon had been the major investor in rival Deliveroo's latest funding round. Embattled travel operator Thomas Cook fell a further 40% as Citigroup issued a research...

The FTSE 100 was down 0.3% by midday, a better showing than other European markets, as the collapse of cross-party Brexit talks put the pound under pressure and helped prop up the index.
Weakness in sterling boosts the relative value of the overseas earnings which dominate the index and help take the sting out of the negative sentiment created by deteriorating US-China trade relations.
Takeaways firm Just Eat slumped 7.9% as it emerged overnight that Amazon had been the major investor in...

The FTSE 100 closed the day down by a fraction at 7,428.19 after US GDP figures for the first quarter comfortably beat consensus forecasts to record 3.2% growth.
On Wall Street the S&amp;P 500 was up a smidge by 4.30pm UK time as the positive economic news was accompanied by a batch of mixed Q1 earnings reports.
LARGE AND MID CAP RISERS AND FALLERS
RBS slumped 4% after it booked a fall in first-quarter profits and warned on its annual guidance, a day after announcing chief executive Ross...

By midday the FTSE 100 was off its lows but still down 0.2% to 7,417.17 putting it on course to fall for the week as a whole. A topsy turvy five days in which the index has also traded above 7,500 for the first time since October 2018.
US futures point to slight declines as Wall Street awaits the latest round of first quarter earnings as well as GDP data.
LARGE AND MID CAP RISERS AND FALLERS
RBS slumped 4.5% after it booked a fall in first-quarter profits and warned on its annual guidance,...

UK stocks opened lower on Friday after a disappointing earnings update from Royal Bank of Scotland laid bare the negative impact that Brexit uncertainty is having on the UK economy.
At 0901, the FTSE 100 was down 29.70 points, or 0.3%, at 7.414.43.
RBS slumped 4.5% after it booked a fall in first-quarter profits and warned on its annual guidance, a day after announcing chief executive Ross McEwan was leaving.
Food delivery company Just Eat fell 3.2%, as investors looked past a 28% jump in...

Jefferies International today reaffirms its buy investment rating on Just Eat (LON:JE.) and raised its price target to 1150p (from 1050p).
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk

The FTSE 100 rose 0.2% to 7,196 despite the Organisation for Economic Co-Operation and Development downgrading its global growth forecast for 2019 yet again.
Wall Street was under more pressure with the Dow Jones down 0.4% at 25,709 at around 4:45pm UK time.
European equities also struggled with Germany's DAX falling 0.3% to 11,588.
Brent crude oil retreated 0.6% to $65.48 per barrel.
US Food and Drug Administration head Scott Gottlieb's plans to step down were welcomed by cigarette...

Having earlier struggled for direction the FTSE 100 was 0.3% higher by midday at 7,203.19. The rise supported by strength in the resources sector as China announced new stimulus measures.
US futures are pointing to a slightly lower open on Wall Street later.
LARGE AND MID CAP RISERS AND FALLERS
Insurer Legal and General fell 4.1% as a weaker performance in its investment portfolio held annual profit growth to just 2%.
Gambling company Paddy Power Betfair fell 1.5% after it posted 11%...

UK stocks tracked sideways at the open on Wednesday as investors awaited more developments in Brexit negotiation and US-China trade talks.
At 0859, the FTSE 100 had inched up 1.13 points to 7.184.56.
Insurer Legal and General fell 3.9% as a weaker performance in its investment portfolio held annual profit growth to just 2%.
Gambling company Paddy Power Betfair fell 0.4% after it posted 11% decline in annual profit, partly owing to investment spending in its young US sports betting...

Just Eat swung to an annual profit as profits rise on strong performances in the UK and Canada and the company also delivered an upbeat outlook for the current year.
For the 12 months ended 31 December, the company reported pre-tax profits of £101.7m from a loss of £76m a year earlier.
Revenue rose 43% to £779.5m, above guidance for a range of £660m to £700m, while underlying earnings (EBITDA) grew 6% to £173.9, near the midpoint of the company of £165m to £185m guidance range.
Total...

A mixture of weak corporate results and a downbeat start to trading on Wall Street contributed to a weak performance from the FTSE 100 on Thursday. By the close the index of leading UK shares was down 0.85% at 7,167.39.
By 4.30pm UK time the S&amp;P 500 had slipped 0.3% to 2,776.98.
MID AND LARGE CAP RISERS
Centrica warned its 2019 financial performance will be impacted by the UK default tariff cap and continuing lower volumes in E&amp;P and nuclear. A warning of constraints on cash flow...

The FTSE 100 remained in the red as some negative corporate updates from the likes of British Gas owner Centrica and BAE Systems weighed on performance.
Among the biggest fallers were banking stocks and miners, leaving the FTSE 100 lower by 0.7% at 7,173 at around midday. US futures were pointing to a modestly higher open when Wall Street resumes trading later.
Brent crude oil was broadly unmoved at $67.16 per barrel. Gold was 0.7% lower at $1,333 per ounce.
MID AND LARGE CAP RISERS...

UK economic growth slowed in December, prompting a fall in sterling, which was a catalyst the FTSE 100 as it boosts the relative value of its constituents' largely overseas earnings. The FTSE closed up 0.8% at 7,129.
European equities were also on a roll with Germany's DAX rising 1% to 11,014.
With little news on US-China trade war talks, Wall Street was subdued with the Dow Jones dipping 0.2% to 25,063 at around 5pm UK time.
Brent crude oil declined 1.3% to $61.30 per barrel.
LARGE AND...

The FTSE 100 gave back some of its gains by lunchtime after a report which showed UK GDP fell in December. At midday the index was up 0.4% to 7,099.12 having earlier been as much as 1% higher.
LARGE AND MID CAP RISERS AND FALLERS
Takeaways platform Just Eat gained 2% to 718.2p as hedge fund Cat Rock Capital, a 1.7% shareholder in the group, called for the company to enter merger talks with an industry peer.
Mike Ashley's Sports Direct dipped 0.1% to 270.1p as it apparently cans a bid (made...

There was little sign of progress on Brexit after Theresa May lost a key vote on her withdrawal bill last week.
The FTSE 100 was broadly unmoved at 6,970 although this was better than a sea of red across European equities in response to data revealing China's weakest growth since 2009.
Wall Street is closed on Monday for Martin Luther King Day.
Brent crude oil dipped 0.1% to $62.60 per barrel.
LARGE AND MID CAP RISERS AND FALLERS
Just Eat advanced 0.7% to 662.8p after delivering some...

The FTSE 100 was up 0.15% to 6,978.52 by midday amid volatile trading in sterling as Theresa May prepares to go back to MPs with a plan B on Brexit.
Other European markets were in the red after China reported its weakest growth rate since 2009. The US market is closed for Martin Luther King day.
LARGE AND MID CAP RISERS AND FALLERS
Just Eat dipped 0.1% to 657.6p after delivering some hot and cold news: its earnings would beat market expectation, but chief executive Peter Plumb was standing...

UK stocks started the week in positive territory Monday as continued Brexit uncertainty weighed on the pound, helping exporters, and investors held out hope that China and the US would strike a trade truce.
At 0845, the benchmark FTSE 100 index was up 11.59 points, or 0.2%, at 6.979.92.
Just Eat shed 0.9% after delivering some hot and cold news: its earnings would beat market expectation, but chief executive Peter Plumb was standing down.
Pharmaceutical giant GlaxoSmithKline, meanwhile,...

Helen Weir, Non Executive Director, bought 5,000 shares in the company on the 30th November 2018 at a price of 589.20p. The Director now holds 5,000 shares representing 0.00% of the shares in issue.
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